Ashoka Buildcon Ltd IPO Message Board (Page 28)

Investing in ASHOKA BUILDCON is very good for future income

I would like to correct myself.
Ashoka Issue will be 69.44 lakh shares at upper band.
Retail quota will be 20. 72 lakh ,
HNI quota will be 6.90 lakh shares.
happy investing

hello !!!
can any budy help me to get the application froms.
I am not getting froms here in Mumbai, at two locations they told it is out of stock.

THIS COMPARISON WILL CLEARLY SHOW WHY ASHOKA IPO , EVEN AT UPPER LIMIT IS CHEAPER AS COMPARED TO PEER GROUP. ISSUE SIZE WILL BE ABOUT 69.44 LAKH SHARES. RETAIL PORTION WILL BE ABOUT 21 LAKH SHARES ONLY. HNI PORTION WILL BE JUST 7 LAKH SHARES

COMPANY      PRICE      EPS      P/E      RONW      NAV      P/BV(POST IPO)
ASHOKA 324.00      17.34      18.69      18.69      129.00      2.51
IRB      277.00      1.70      162.94      4.20      41.20      6.72
ITNL      345.00      15.90      21.70      27.20      81.10      4.25
GAMMON       24.80      0.20      124.00      2.80      7.40      3.35

seems that the company has good future prospects.oNE should move in for investment.

Market lot for buing/selling on listing is just 1.
Lot size for applying in IPO is 21.
Issue price Per Equity Share is in Rs. 297 - Rs. 324 range.
Minimum application can be for Rs 6237 for 21 shares @ Rs 297 per share and for Rs 6804 for one lot at cut-off.
For maximum 14 lots at cut-off,application has to be for Rs 95,256
uca

What is a lot size of Ashoka

61, dont give wrong info.. GMP is 40-42...

which is better for listing gain and for long??
va tech or Ashoka??

what is the market lot of this ipo?

@ SHAILESH SHAH
It is very clear from the analysis it self, that there will be good return's
Underline is "Gray market premium around 60-65"

I am applying for Ashoka for maximum amount. As per overall review, discusions,crisil rating, growth (turnover & PAT) mentiond below by IPOkidda Ashoka IPO is very good opportunite for invest as well as income.

ipokeeda, apne batya nahi ke karna kya he? bharna he?

@ SHAILESH SHAH & 56. Anonymous

The company is engaged in the building and operation of roads and bridges on a build, operate and transfer (BOT) basis.

Ratings agency Crisil Equities has assigned a grade of 4/5 to the proposed IPO, indicating that the fundamentals of the issue are above average.

In fiscal 2009 and fiscal 2010, Ashoka Buildcon had registered a consolidated total income of Rs 533 crore and Rs 814 crore (up 53 per cent), respectively. It had posted a consolidated net profit of Rs 34 crore and Rs 80 crore (up 135 per cent) for each respective financial year.

It has completed 17 of its 26 projects and toll revenues are "flowing in" and it was pre-qualified for 23 other projects. "Six projects each of 500 crore plus (5 billion rupees) are under construction, and three projects are BOT projects.

Conclusion
One of the most experienced BOT player in the country.
its peer is IRB INFRA trades @ 28 pe based on fy'10 nos AND ITNL trades at 17 times, it also has other business.

It is growing at scorching pace a bit higher than itnl and irb if we assume 30% growth in pat in fy '11, its eps should be 20, so @ 18-20 pe cy earnings my target comes to 360-400.

anyone advise me for ashoka buildcon

koi batayega ashoka build kaisa he me naya hoon

Great IPO. Go for it.

no only 21 lacs shears so apply fast

@ sj , gem

if it is 225 crores & issue price is 324 then shares would be just 69 lacs & for retail , only 24 lacs !!!!!!!!

is it true ?????

@AGK,

Thanks for your info. Its ok. No problem